Senate Amendment to House File 660 H-1367 Amend House File 660, as passed by the House, as follows: 1 1. Page 1, before line 1 by inserting: 2 < Section 1. Section 331.423, subsection 2, paragraph b, 3 subparagraph (3), subparagraph division (a) , subparagraph 4 subdivision (i), if enacted by 2023 Iowa Acts, House File 718, 5 section 2, is amended to read as follows: 6 (i) In addition to the limitation under subparagraph (2), 7 if the county’s actual levy rate imposed under this paragraph 8 for the current fiscal year is three dollars and ninety-five 9 cents or less per thousand dollars of assessed value and the 10 total assessed value used to calculate taxes for rural county 11 services under this paragraph for the budget year exceeds 12 one hundred three percent, but is less than one hundred six 13 percent, of the total assessed value used to calculate taxes 14 for rural county services for the current fiscal year, the levy 15 rate imposed under this subsection 2 for the budget year shall 16 not exceed a rate per thousand dollars of assessed value that 17 is equal to one thousand multiplied by the quotient of the 18 current fiscal year’s actual property tax dollars certified for 19 levy under this subsection 2 divided by one hundred two percent 20 of the total assessed value used to calculate taxes for rural 21 county services for the current fiscal year. 22 Sec. ___. Section 331.423, subsection 2, paragraph b, 23 subparagraph (3), subparagraph division (b), subparagraph 24 subdivision (i), if enacted by 2023 Iowa Acts, House File 718, 25 section 2, is amended to read as follows: 26 (i) In addition to the limitation under subparagraph (2), 27 if the county’s actual levy rate imposed under this subsection 28 2 for the current fiscal year is three dollars and ninety-five 29 cents or less per thousand dollars of assessed value and the 30 total assessed value used to calculate taxes for rural county 31 services under this paragraph for the budget year is equal 32 to or exceeds one hundred six percent of the total assessed 33 value used to calculate taxes for rural county services for 34 the current fiscal year, the levy rate imposed under this 35 -1- HF 660.2216.S (1) 90 mb 1/ 2 #1.
subsection 2 for the budget year shall not exceed a rate 1 per thousand dollars of assessed value that is equal to one 2 thousand multiplied by the quotient of the current fiscal 3 year’s actual property tax dollars certified for levy under 4 this subsection 2 divided by one hundred three percent of the 5 total assessed value used to calculate taxes for rural county 6 services for the current fiscal year. > 7 2. By striking page 1, line 27, through page 2, line 7. 8 3. Title page, line 1, after < facility > by inserting < and 9 making tax provision corrections > 10 4. By renumbering as necessary. 11 -2- HF 660.2216.S (1) 90 mb 2/ 2 #2. #3.